Honestly, it's not an easy task for $FOGO to pump this project today. I've been watching its trend, and the overall rhythm is just testing the waters. There are rebounds, but the strength and sustainability are average at best. From the chart shape, you can't really see a natural strong trend forming.
If we really want to see a rally, I think the most realistic way is to rely on sudden influxes of capital to push it up. Relying on the internal accumulation of volume is too inefficient; a slight push can easily be crushed, and I have psychological expectations about this.
However, this project isn't completely without potential. The most straightforward point is the low circulation volume combined with a high lock-up ratio. This structure is actually beneficial for short-term trading, at least in the early stages, it won't be so easy for mindless sell-offs to occur, leaving some room for upward movement.
Another point that can really boost sentiment is the expectations set by some Korean influencers. Such expectations may not always come true, but as long as they exist, they can be suddenly amplified at a certain point in time. In the short term, this can indeed serve as a positive factor.
To sum up, my view is quite straightforward: treat it as a small-scale participation in the short term. If it moves, go ahead; if it looks good, take profits. My plan is to participate with a light position, follow market sentiment, and not bet on any big trend. After all, everyone hopes their investments perform well, but the key is to know when to exit.
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GasFeeNightmare
· 7h ago
The low circulation volume is indeed interesting, but it depends on the pace of capital inflow; otherwise, it's just a paper tiger.
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WhaleWatcher
· 7h ago
Low circulation structure is indeed cool, but it still depends on whether the funds are willing to enter the market. Relying on stacking volume alone is too weak.
Wait for the expectations of some Korean institutions to materialize. There’s some short-term potential. I’ll keep a small position and follow the sentiment.
If it really crashes, I’ll still run. Don’t be greedy.
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MoonWaterDroplets
· 7h ago
Low circulation indeed has some interesting points, but it still depends on whether funds are willing to enter the market.
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Relying on expectations to hype again, I'm tired of this routine.
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Playing with small positions for short-term trading is fine, but don't expect it to develop any trend.
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That's a valid point. The market can't be pushed up just by stacking positions internally; we still need institutional funds to come in.
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Regarding the expected event at HanSuo, just listen and don't take it seriously.
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That's what I think too. Taking profits when the time is right is the way to go.
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$FOGO is indeed lacking momentum at this pace; it gets hammered after a rebound, and there's no sign of a breakout opportunity.
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Low circulation paired with high lock-up, at least it won't break below the price easily; that's acceptable.
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Short-term emotional stocks, take some profits and run, don't be greedy.
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SchrödingersNode
· 7h ago
Low circulation + high locking position is indeed a comfortable structure, just worried that funds may be unwilling to enter the market.
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GateUser-40edb63b
· 7h ago
Low circulating supply with high lock-up is indeed interesting, but recently the market movements have been too timid. It feels like without a sudden influx of large funds, nothing can really move the market.
Honestly, it's not an easy task for $FOGO to pump this project today. I've been watching its trend, and the overall rhythm is just testing the waters. There are rebounds, but the strength and sustainability are average at best. From the chart shape, you can't really see a natural strong trend forming.
If we really want to see a rally, I think the most realistic way is to rely on sudden influxes of capital to push it up. Relying on the internal accumulation of volume is too inefficient; a slight push can easily be crushed, and I have psychological expectations about this.
However, this project isn't completely without potential. The most straightforward point is the low circulation volume combined with a high lock-up ratio. This structure is actually beneficial for short-term trading, at least in the early stages, it won't be so easy for mindless sell-offs to occur, leaving some room for upward movement.
Another point that can really boost sentiment is the expectations set by some Korean influencers. Such expectations may not always come true, but as long as they exist, they can be suddenly amplified at a certain point in time. In the short term, this can indeed serve as a positive factor.
To sum up, my view is quite straightforward: treat it as a small-scale participation in the short term. If it moves, go ahead; if it looks good, take profits. My plan is to participate with a light position, follow market sentiment, and not bet on any big trend. After all, everyone hopes their investments perform well, but the key is to know when to exit.